Latest mortgage news - News


22 Mar 2014

Interest rate rise will increase costs to millions of homeowners

Warnings from the Bank of England that interest rates would rise six fold by 2017 means higher mortgage costs for almost three million households.

08 Mar 2014

More households in UK regions have negative equity than London

Almost half a million households in the UK struggle with negative equity with the greatest number in the regions rather than London.

06 Mar 2014

Help to Buy driving up house prices with 2.4% rise last month

Mortgage lender Halifax reports a 2.4% rise in house prices for February with pressure on the government to cancel Help to Buy scheme.

28 Feb 2014

Housing market still booming as interest rates remain at historic lows

According to the Nationwide average house prices have increased by 9.4% in the last year and are not slowing down.

26 Feb 2014

Private renting now provides the majority UK rented homes

A new government study of the English Housing Survey shows private renting has reached 4 million homes and now exceeds council renting.

25 Feb 2014

Mortgage approvals rise to their highest level thanks to Help to Buy scheme

The British Bankers’ Association (BBA) has said mortgage approvals are up 57% on the previous year and the highest since September 2007.

18 Feb 2014

Average UK house price at £250,000 will increase stamp duty cost

The Office of National Statistics (ONS) has confirmed that the average house prices will bring higher stamp duty to thousands.

14 Feb 2014

House building boost will not meet demand for new-build homes

The rate of house building has boosted UK construction but will still be short of the 240,000 homes needed each year.

06 Feb 2014

London house price rise fuelled by wealthy foreign buyers

According to economic forecasters wealthy foreign buyers are responsible for the high demand for luxury property in London.

03 Feb 2014

Housing boom risks house price bubble

Rightmove, stated that record numbers of houses are being put on the market for sale with near-frenzied buying sending asking prices to record levels.

29 Jan 2014

First time buyers fuel rise in house prices

House prices rise 8.8% according to the Nationwide as first time buyers are back in the market for properties.

21 Jan 2014

Are mortgage rate rises in sight?

There is growing concern that increased financial stability in the UK will lead to mortgage rate rises.

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